The Suez Canal, a waterway connecting Asia and Europe, connects the Mediterranean and the Red Sea to ease the International Trade. One of the world's largest cargo ship, the "Ever Given", owned by a Japanese company, capsized on 23rd as it passed through the Suez Canal in Egypt, one of the world's major Canal system waterways. The shipping company said the ship was stranded across the canal due to a dust storm After 6 days of relentless effort by human beings and the grace of nature, the ship began to re-float. The waterway in the Suez Canal reinstate to normal. However, this incurred a huge loss in trade with international countries. The cargo ship 'Ever Given' is currently anchored at the outskirts of Suez Canal. In this Scenario, Egyptian authorities have ordered Ever Given owners to evacuate the ship on repaying the damage caused by the blockage of the canal. Meanwhile, Suez Canal management has filed a lawsuit in the Egyptian court, claiming USD One Billi...
Bank on Holidays Public and private banks in India will remain closed for seven days between March 27 and April 4. However, they will be open on March 30 and April 3. In case you have any urgent work, it is suggested that you either do it this week ended March 26 or wait till April 5 to complete the same. Banks will remain closed from March 27-29 on account of the fourth Saturday and Holi. March 28 is a Sunday which is a usual bank holiday. On March 31 services will remain suspended on account of the last financial day of the year. April 1 is closing day on which bank employees’ work but branches are inaccessible to customers and therefore no normal operations. Bank holidays are observed differently by different states and therefore may not be the same everywhere. According to the Reserve Bank of India’s (RBI’s) banks will remain closed on all gazette holidays across India barring four Sundays and two Saturdays. Here is the list of holidays b...
UAE, Women are more cautious in following road traffic rules. Accidents are less likely to cause for women than men. People in UAE conducted a study with both men and women who own a vehicle. The study shows women are less likely than men to have accidents. Women are more cautious in following road traffic rules. Also they fasten the seat belts while carrying their children. Last 6 years survey taken and found out that women were less likely to be involved in road accidents than men. Last year report says 26% of men and 20% of women were involved in accidents. The report concludes, women focus on safe driving. Click follow-up button or share your email ID to receive our posts.
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